Payroll Processing Timelines
Today, Gusto supports 2-day payroll and the standard 4-day. With 2-day payments, you can process payroll up to two business days in advance of the check date.
2-day payroll timeline example:
- Wednesday: Run payroll by 3:30pm PT.
- Wednesday: Funds debited from the company's bank account. Funds are processing.
- Friday: Funds are deposited in employee's bank account(s) if paid via direct deposit, usually in the morning.
With 4-day payroll, you have to process payments four business days in advance of the check date:
- Monday: Run payroll by 3:30pm PT. Funds debited from the company's bank account. Funds are processing.
- Tuesday–Thursday: Funds are processing. Company debit is successful or unsuccessful by Thursday.
- Friday: If Company debit was successful, funds are deposited in employee's bank account(s) if paid via direct deposit, usually in the morning.
Updated almost 2 years ago